AAPL reversed from its overnight highs on strong selling. The market weakness is not helping.
There was a tentative bounce but this type of bounce cannot work if the Money Flow stays negative.
So no long trade today.
Pascal
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AAPL reversed from its overnight highs on strong selling. The market weakness is not helping.
There was a tentative bounce but this type of bounce cannot work if the Money Flow stays negative.
So no long trade today.
Pascal
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The 20DMF only shows a slight accumulation today: higher prices do not attracts renewed selling. This points to to possible continuation of the bounce.
Pascal
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Nothing good to see here for now.
Pascal
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No reason to jump in and buy the bounce for now.
Pascal
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I did not expect to see the 20DMF so dull today.
What is this market expecting? When will they push things up? The QQQ Max pain level is $164, which is not that far away. The SPY max pain is 277.5. A little far I believe, but that can be done.
For now, I'll be waiting to add to the long positions.
Pascal
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Today, the 20DMMF shows weakness while the NQ8 MF shows strength
Pascal
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I would not rush to buy for now.
Pascal
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Similar bearish pattern as what we had on March 1rst.
Pascal
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Finally money came back in during lunch time and the day was saved.
Pascal
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Bounces are sold, but the NQ8 look stronger than the rest.
Pascal
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